Apartment Building Loans

Direct commercial funding offers the financing investors and owners need to purchase build or refinance an apartment building.

Apartment building loans.

One of the best interest rates is from a life company at 3 95 for a 25 year fixed. No matter what the size of the building we can offer apartment building loans that fit an owner or investor s individual needs. It all starts with a property borrower and lender and it all ends if all goes well with a closed loan and newly purchased or refinanced property. The freddie mac small balance apartment loan program offers many unique and beneficial features for apartment purchases and refinances with a minimum loan size of 1 000 000.

Apartment loans can be short term or permanent loans that fund the purchase and or renovation of an apartment building with rates from 5 percent to 12 percent. 7 best apartment building rehab loans 2020 by terry painter mortgage banker member of the forbes real estate council the 7 best apartment building rehab loans in america are ranked based on maximum loan to cost interest rate loan term what it takes to qualify and customer satisfaction. In the middle is a 15 year fixed fannie mae loan at 3 65. Direct can provide financing for all of the following.

Freddie mac apartment loan program small balance. Investors typically use apartment building financing to purchase properties with more than five units that can generate cash flow build equity increase leverage or earn capital gains.